Government to announce winners of PPP schools tender next week

Government to announce winners of PPP schools tender next week: The Ismail government plans to announce next week the winners of its tender for the development and management of 200 schools under public-private partnership contracts, sources close to the matter tell Al Borsa. The committee tasked with reviewing the bids has already accepted four technical offers for the development of 24 schools in different governorates from companies, including Egypt’s El Gazeera and the Middle East Education Services Group. A bid from Saudi Arabia’s Madinat Al Oloum is one of five still under consideration, the sources add. We had noted back in October last year that a number of major players had backed out of the project, including arms of Orascom Construction, BPE Partners and the now-struggling Carillion.